ROTTERDAM LEGAL SUCCESS …
The Port of Rotterdam Authority has come out on top in a $26m claim lodged by Commerzbank. A Rotterdam court dismissed the claim, which stemmed from the end of August 2004,when it emerged that the former chief executive of the Port Authority had allegedly authorised guarantees for bank loans worth more than $130m to companies owned by Joep van den Nieuwenhuyzen.
The Port of Rotterdam Authority has come out on top in a $26m claim lodged by Commerzbank. A Rotterdam court dismissed the claim, which stemmed from the end of August 2004,when it emerged that the former chief executive of the Port Authority had allegedly authorised guarantees for bank loans worth more than $130m to companies owned by Joep van den Nieuwenhuyzen.